Market Overview:
The global interior latex paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for latex paints from residential and commercial sectors, globally. In terms of type, the market is segmented into matt, semi-gloss, gloss and others. Among these, matt is expected to witness highest growth during the forecast period owing to its properties such as durability and resistance against fading or staining. In terms of application, walls are expected to account for majority share in global interior latex paint market followed by ceilings, roofs and doors during the forecast period.
Product Definition:
Interior latex paint is a water-based paint that is used for painting the interior walls and ceilings of homes and other buildings. It is important because it provides a smooth, durable finish that can be easily cleaned.
Matt:
The Mattress is a key component in the construction industry. It has been used since ages and its usage is increasing day by day. The mattresses are made up of different materials such as springs, foam, latex and cotton etc.
Semi-Gloss:
Semi-gloss is a type of interior latex paint, which has lower percentage of gloss as compared to high-gloss paints. It provides an opaque and matt finish to the interior surfaces. Semi-gloss paints are suitable for use in rooms with low light and moderate amount of natural light; they offer better resistance against water, abrasion, heat & UV rays as compared to high gloss paints.
Application Insights:
The walls application segment led the global interior latex paint market in 2017. Walls are one of the most important components of any room in a house as they provide support for various fixtures and fittings. Therefore, it is important to have good quality paints that can withstand environmental factors such as moisture and temperature fluctuations. Walls are generally painted once or twice a year depending upon the frequency of use.
The ceiling application segment is expected to witness significant growth over the forecast period owing to its usage in several applications including kitchen, bathroom and bedroom ceilings among others. The semi-gloss type is generally preferred for this purpose as it provides an attractive look while maintaining ease of cleaning with water based cleaners coupled with oil-based paints which do not allow droplets to stick on them making them ideal for use on ceilings too high for marks left by drops during cleaning operations such as steamers or vacuum cleaners.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The regional growth is primarily driven by rising construction activities in emerging economies, such as China, India, and Indonesia. In addition, increasing consumer disposable income levels are anticipated to fuel demand for luxury residential spaces such as houses and apartments. This trend will drive product consumption in these applications from 2018 to 2030.
The growing tourism sector has also resulted in increased spending on hospitality structures across Asia Pacific countries including Thailand, Malaysia, Vietnam., etc., which will drive product demand further over the next eight years (2018-2030). Moreover high investments being made by governments for infrastructural development projects are likely to boost housing structure output across various Asian countries; this factor will have a positive impact on industry expansion over the coming years.
Growth Factors:
- Increasing demand from the construction sector: The global construction industry is expected to grow at a CAGR of 4.5% during the forecast period, owing to the increasing urbanization and infrastructure development across the world. This is expected to drive the demand for interior latex paint, as it is used extensively in both residential and commercial buildings for wall painting and other decorative purposes.
- Rising disposable income of consumers: The growth of the middle-class population across emerging economies has led to an increase in their purchasing power, which is driving demand for high-quality paints. Interior latex paints are considered as a premium product due to their superior quality and durability compared to other types of paints available in the market.
- Technological advancements: The development of new technologies such as waterborne coatings has helped reduce environmental pollution caused by paint manufacturing processes, making them more environmentally friendly than traditional solvent-based coatings products. This is resulting in an increase in adoption rates of these products among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Interior Latex Paint Market Research Report
By Type
Matt, Semi-Gloss, Gloss, Others
By Application
Walls, Ceilings, Roofs, Doors, Others
By Companies
Sherwin-Williams, PPG Industries, Behr, RONA, Benjamin Moore, Davies Paints, Boysen, KILZ
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Interior Latex Paint Market Report Segments:
The global Interior Latex Paint market is segmented on the basis of:
Types
Matt, Semi-Gloss, Gloss, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Walls, Ceilings, Roofs, Doors, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sherwin-Williams
- PPG Industries
- Behr
- RONA
- Benjamin Moore
- Davies Paints
- Boysen
- KILZ
Highlights of The Interior Latex Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Matt
- Semi-Gloss
- Gloss
- Others
- By Application:
- Walls
- Ceilings
- Roofs
- Doors
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interior Latex Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interior latex paint is a type of paint that is used to cover the interior walls and ceilings of a building. It is made from latex, which is a natural rubber compound, and it has a smooth, glossy finish. Interior latex paint can be used to create an appearance that is both durable and affordable.
Some of the key players operating in the interior latex paint market are Sherwin-Williams, PPG Industries, Behr, RONA, Benjamin Moore, Davies Paints, Boysen, KILZ.
The interior latex paint market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interior Latex Paint Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Interior Latex Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interior Latex Paint Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Interior Latex Paint Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Interior Latex Paint Market Size & Forecast, 2018-2028
4.5.1 Interior Latex Paint Market Size and Y-o-Y Growth
4.5.2 Interior Latex Paint Market Absolute $ Opportunity
Chapter 5 Global Interior Latex Paint Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Interior Latex Paint Market Size Forecast by Type
5.2.1 Matt
5.2.2 Semi-Gloss
5.2.3 Gloss
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Interior Latex Paint Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Interior Latex Paint Market Size Forecast by Applications
6.2.1 Walls
6.2.2 Ceilings
6.2.3 Roofs
6.2.4 Doors
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interior Latex Paint Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Interior Latex Paint Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Interior Latex Paint Analysis and Forecast
9.1 Introduction
9.2 North America Interior Latex Paint Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Interior Latex Paint Market Size Forecast by Type
9.6.1 Matt
9.6.2 Semi-Gloss
9.6.3 Gloss
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Interior Latex Paint Market Size Forecast by Applications
9.10.1 Walls
9.10.2 Ceilings
9.10.3 Roofs
9.10.4 Doors
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Interior Latex Paint Analysis and Forecast
10.1 Introduction
10.2 Europe Interior Latex Paint Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Interior Latex Paint Market Size Forecast by Type
10.6.1 Matt
10.6.2 Semi-Gloss
10.6.3 Gloss
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Interior Latex Paint Market Size Forecast by Applications
10.10.1 Walls
10.10.2 Ceilings
10.10.3 Roofs
10.10.4 Doors
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Interior Latex Paint Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Interior Latex Paint Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Interior Latex Paint Market Size Forecast by Type
11.6.1 Matt
11.6.2 Semi-Gloss
11.6.3 Gloss
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Interior Latex Paint Market Size Forecast by Applications
11.10.1 Walls
11.10.2 Ceilings
11.10.3 Roofs
11.10.4 Doors
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Interior Latex Paint Analysis and Forecast
12.1 Introduction
12.2 Latin America Interior Latex Paint Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Interior Latex Paint Market Size Forecast by Type
12.6.1 Matt
12.6.2 Semi-Gloss
12.6.3 Gloss
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Interior Latex Paint Market Size Forecast by Applications
12.10.1 Walls
12.10.2 Ceilings
12.10.3 Roofs
12.10.4 Doors
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Interior Latex Paint Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Interior Latex Paint Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Interior Latex Paint Market Size Forecast by Type
13.6.1 Matt
13.6.2 Semi-Gloss
13.6.3 Gloss
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Interior Latex Paint Market Size Forecast by Applications
13.10.1 Walls
13.10.2 Ceilings
13.10.3 Roofs
13.10.4 Doors
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Interior Latex Paint Market: Competitive Dashboard
14.2 Global Interior Latex Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sherwin-Williams
14.3.2 PPG Industries
14.3.3 Behr
14.3.4 RONA
14.3.5 Benjamin Moore
14.3.6 Davies Paints
14.3.7 Boysen
14.3.8 KILZ
